KokHong
:
If my account is calculated in US dollars, it is now over negative $6000. The daily interest is sometimes $2, $3, sometimes $2, $30. I don't know how it's calculated, the negative funds keep growing bigger and bigger...
Guangzhou Automobile Group's share price and EPS decline over the past five years suggests potential unresolved issues. Last year's performance, worse than the annualised 9% loss over the last half decade, could be a red flag for long term investors. Contrarian investors might see a potential turnaround.
The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure. DBS: Guangzhou Automobile Group – H: Buy Target Price HK$4.10; A: Hold Target Price RMB8.90 - Alpha Edge Investing $GAC GROUP (02238.HK)$$Guangzhou Automobile Group (601238.SH)$
Despite forecasted growth, Guangzhou Automobile Group's P/E aligns with the market, indicating shareholders' skepticism. While a price drop seems less likely, sudden changes in future earnings could concern investors.
1. Two of China’s established automobile brands record hefty growth in October sales. Two of China's top automakers posted robust gains in sales last month - Guangzhou-based GAC Group recorded a 5.6% y-o-y increase in car sales and NEV sales rose 39%, while Great Wall Motors saw a jump of 31% in auto sales. Both show that established brands are gaining ground in exports to emerging economies. And growth is not isolated to China’s m...
Despite a weak market possibly causing the share price decline, consistent underperformance implies deeper underlying challenges. Investors are advised to reflect on other potential warning signs before buying stock in this downturn.
102205868 (Tay) : NIO is the best.
KokHong : But it keeps falling...
TWP PaPa OP KokHong : yeah, can't control the shorts...
KokHong : If my account is calculated in US dollars, it is now over negative $6000. The daily interest is sometimes $2, $3, sometimes $2, $30. I don't know how it's calculated, the negative funds keep growing bigger and bigger...
KokHong : All the funds are used to buy stocks.
View more comments...